34, IVORY CLOSE, TUFFLEY, GLOUCESTER, GL4 0QY - £181,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 IVORY CLOSE is a small terraced house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £249,392. It was last sold for £181,000 in June 2019, which was around 18% above the average June 2019 terraced price in the Gloucester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

34 IVORY CLOSE Sold Prices

Land registry data shows three sales for 34 IVORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the three 34 IVORY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 JUN	£181,000	£153,686	18% above HPI
2015 22 MAY	£147,000	£124,294	18% above HPI
2006 30 AUG	£139,500	£115,823	20% above HPI

34 IVORY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gloucester local authority area over time, sourced from the HPI. The three 34 IVORY CLOSE sales between August 2006 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2019 sale, which was also at 18% above the HPI.

What might 34 IVORY CLOSE be worth now?

34 IVORY CLOSE might now be worth an estimated £249,392.

This is based on house price inflation of 37.8%, between June 2019 and May 2026, for terraced houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 34 IVORY CLOSE of £181,000 on 28th June 2019. For the value to have increased from £181,000 to £249,392 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 34 IVORY CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The June 2019 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 34 IVORY CLOSE has not materially changed since June 2019.

How Large is 34 IVORY CLOSE?

34 IVORY CLOSE is 105m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of terraced houses houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gloucester, and where 34 IVORY CLOSE lies on this distribution: 38% of terraced houses houses are smaller than 34 IVORY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

34 IVORY CLOSE: Plot and Title Map

34 IVORY CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 34 IVORY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 34 IVORY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 34 IVORY CLOSE?

34 IVORY CLOSE is located in TUFFLEY, in the GL4 postcode district. The below map shows the position of No. 34 on IVORY CLOSE.